Riyadh – Mubasher: Saudi Arabia’s General Authority for Military Industries (GAMI) has signed its first Industrial Participation Agreement (IPA) with Raytheon Saudi Arabia to localize a Patriot Deep Maintenance and Refurbishment (DMR) System contract for the Royal Saudi Air Defense Forces.
The recent agreement supports GAMI’s endeavour to localise 50% of the kingdom’s spending on military equipment and services in line with the objectives of the Saudi Vision 2030, according to a press release.
The Governor of GAMI, Ahmed Al Ohali stated that the agreement with Raytheon will support the authority’s goals to develop, promote, and support local military industries, research, and technology sectors.
Moreover, GAMI noted that the agreement with Raytheon will contribute to building capacities in the targeted military industries, benefiting from the existing local capabilities and transferring knowledge related to maintenance and training Saudi cadres, as well as expanding the scope of work on the development of joint projects between the two parties.
